The Presidential Compressed Natural Gas Initiative (P-CNGi) has made a resounding commitment to foster investment in the gas sector while vehemently opposing the formation of cabals or monopolies within the industry. During the official inauguration of the Abuja Conversion Centre for Compressed Natural Gas (CNG) at the esteemed National Institute for Transport Technology (NITT), P-CNGi Programme Director Engineer Michael Oluwagbemi reiterated this commitment.<\/p>\n
P-CNGi, a government initiative designed to revolutionize Nigeria’s energy landscape by promoting the utilization of compressed natural gas, has been actively collaborating with a diverse range of stakeholders to ensure the gas sector remains transparent and competitive.<\/p>\n
Engineer Michael Oluwagbemi, in an interview with the Abuja City Journal<\/em>, emphasized, “The President has set a mandate for us to stimulate and catalyze the market. Our mission is not to create or support the creation of cabals within the gas sector.”<\/p>\n He continued, “Our purpose is to open up the sector, creating investment opportunities from the ground up. By doing so, we have the potential to generate around 250,000 to even a million jobs in the coming decade.”<\/p>\n Engineer Oluwagbemi highlighted the multifaceted benefits of this approach, stating, “Every instance of gas utilization contributes to job opportunities in Nigeria, promising affordability and dependability.”<\/p>\n The P-CNGi’s resolute commitment to an open, competitive, and transparent gas sector underscores their dedication to fostering economic growth, employment, and sustainability across the nation. By rejecting the formation of cabals and prioritizing investment, the program aims to ensure that the vast potential of Nigeria’s gas resources benefits all citizens and the broader economy.<\/p>\n","protected":false},"excerpt":{"rendered":" The Presidential Compressed Natural Gas Initiative (P-CNGi) has made a resounding commitment to foster investment in the gas sector while vehemently opposing the formation of cabals or monopolies within the industry. During the official inauguration of the Abuja Conversion Centre for Compressed Natural Gas (CNG) at the esteemed National Institute for Transport Technology (NITT), P-CNGi […]<\/p>\n","protected":false},"author":2,"featured_media":3865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-4192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=4192"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4192\/revisions"}],"predecessor-version":[{"id":4194,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/4192\/revisions\/4194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/3865"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=4192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=4192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=4192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}